No change in GBP/USD’s outlook and intraday bias stays neutral. Further fall is expected as long as 55 4H EMA (now at 1.3450 holds. Below 1.3300 will target a retest on 1.3158 support first. However, sustained break of the EMA will dampen the bearish case and turn bias back to the upside for 1.3657 resistance […]
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Wall Street keeps a private list of records that almost never move. The biggest bank failure. The longest bull market. The most expensive IPO of all time. Most of those records are decades old. Saudi Read more…
Intraday bias in EUR?USD stays neutral at this point. As noted before, rebound from 1.1408 could have completed as a corrective three-wave move. Deeper fall should be seen to retest 1.1408 low. For now, risk Read more…
Intraday bias in USD/JPY remains neutral at this point. Above 159.24 will target 160.71 high. Strong resistance is expected from there to start the third leg of the near term corrective pattern. On the downside, Read more…